Gold rises on geopolitical risks, rate-cut bets

By X-blogger - on June 13, 2025

Gold prices scaled a one-week peak, steered by simmering Middle East tensions and cooler U.S. economic data that fuelled fresh bets on Federal Reserve rate cuts. U.S. gold futures settled 1.8% higher .

The Gold-Dollar pair gained 1.0% in the last session after a 1.1% intra-session dip. The CCI indicates an overbought market.
Support: 3345.6 | Resistance: 3510.2

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